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Residential Land with Home for Sale in Colfax, Illinois

302 S Walnut St, Colfax, IL 61728

$399,000
3.26 acres
Active
ago
Est $2,421/mo

Located in the quiet, small-town village of Colfax in McLean County, this inviting single-family home sits on a generous in-town acreage that delivers the rare combination of space, privacy, and convenience. Offering 1,752 square feet of comfortable living area, the home was built in 2006 and showcases the benefits of modern construction while still capturing the friendly, relaxed charm of village living. Inside, the home features 3 bedrooms and 2.5 baths, thoughtfully arranged in an open-concept layout that maximizes natural light and creates an easy flow between living, dining, and kitchen spaces. Large windows frame peaceful views of the surrounding trees and open land, giving every room a sense of tranquility. With plenty of square footage and a well-designed footprint, the home also offers ample opportunity for personalization-whether you envision updated finishes, expanded living zones, or custom touches to make the space uniquely yours. The open, unfinished basement provides a fantastic blank canvas with direct walk-out access to the outdoors. It's ideal for future expansion-think family room, home gym, workshop, or additional bedrooms-while also offering abundant storage space right now. Car enthusiasts and hobbyists will appreciate the oversized 3-car garage equipped with radiant floor heat, making it comfortable and functional year-round. The home's geothermal heating and cooling system adds an exceptional level of energy efficiency, delivering consistent comfort and significant utility cost savings. Outside, the property truly shines. The expansive lot allows for endless possibilities: create a beautifully landscaped yard, plant a garden, build outdoor entertaining areas, or simply enjoy the open space. A scenic timber area at the back of the property adds privacy and natural beauty, complete with walking trails and direct river access-perfect for outdoor enthusiasts, nature lovers, or anyone who values peaceful, scenic surroundings.

1,752
Sq feet
3
Beds
2
Full baths
1
1/2 bath
2006
Built

Location

Street address
302 S Walnut St
Community
Colfax
School district
19
Elevation
748 feet
Coordinates
40.5642, -88.6206

Directions

Travel IL-9 East of Bloomington then turn onto Illinois Route 165 (IL-165). Follow IL-165 past Cooksville towards Colfax. Turn South (right) on Center Street and travel 6 blocks to Fifer Street and turn West (right). Travel 1.5 blocks and your destination will be on the right.

Property details

Acreage
3.26 acres
MLS #
MRED 12529059
Posted

Property taxes

2024
$5,596

Parcels

  • 1703405003

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking Spaces
3
Features
Corner Lot

Structure

Style
Ranch
Stories
1
Heating
Electric
Roof
Asphalt

Interior

Room Count
6
Rooms
Bathroom x 3, Bedroom x 3
Flooring
Laminate
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Features
1 st Floor Bedroom, 1 st Floor Full Bath, Vaulted Ceiling(s)

Nearby schools

NameLevelDistrictDescription
Ridgeview Elementary SchoolElementary19
Ridgeview JR High SchoolMiddle19
Ridgeview High SchoolHigh19

Listing history

DateEventPriceChangeSource
Dec 7, 2025New listing$399,000MRED
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This 3.26-acre property is located at 302 S Walnut St in Colfax, IL 61728. The property is available for sale for $399,000. It has a 1,752 sq ft 3 bedroom, 2 bath house built in 2006.

Checked 1 hour ago — Updated

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